Cost of living in Grant County, NM
Population 27,856 · Last updated May 21, 2026
Cost breakdown
Single person, by category, per month.
Rent in Grant County
Fair Market Rents by bedroom count.
Source: HUD FMR FY2025
Income and earnings in Grant County
Annual earnings figures from the Census ACS.
Source: ACS 2019-2023 5-Year.
Home values in Grant County
Average values reported by homeowners.
Source: ACS 2019-2023 5-Year
Energy costs in Grant County
Estimated monthly electricity and gas costs.
Source: EIA
Healthcare in Grant County
Insurance premiums and coverage rates.
Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.
Taxes in Grant County
State and local tax rates for New Mexico.
Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.
Transportation in Grant County
Commute patterns and estimated costs.
Source: ACS
Monthly cost estimates for Grant County
What it costs to live in Grant County each month.
- Rent $753
- Energy $130
- Water $60
- Groceries $326
- Transport $320
- Healthcare $480
- Federal tax $283
- State tax $88
- Rent $933
- Energy $156
- Water $70
- Groceries $540
- Transport $420
- Healthcare $864
- Federal tax $432
- State tax $164
- Rent $1,242
- Energy $195
- Water $85
- Groceries $820
- Transport $520
- Healthcare $1,350
- Childcare $1,200
- Federal tax $432
- State tax $164
Frequently asked questions about Grant County
Common questions about cost of living, rent and salary.
What is the average rent in Grant County?
In Grant County, NM, a one-bedroom apartment averages $753 per month, a two-bedroom averages $933 per month, a three-bedroom averages $1,242 per month, according to HUD Fair Market Rent data.
What is the average salary in Grant County?
In Grant County, NM, the average household income is $45,921 per year and individual earnings for full-time workers average $27,360 per year, according to U.S. Census Bureau data.
What is the cost of living in Grant County?
The estimated cost of living in Grant County, NM is approximately $2,440 per month for a single person, $3,579 for a couple, $6,008 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.
What is the sales tax rate in Grant County?
The combined sales tax rate in Grant County, NM is 7.72%, which includes the New Mexico state rate of 5.00% plus an average local rate of 2.72%.
Is Grant County an affordable place to live?
Based on the data, a single person in Grant County, NM would need approximately $2,440 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $45,921 per year ($3,827 per month). Grant County has a moderate cost of living relative to local earnings.
How much does healthcare cost in Grant County?
The ACA marketplace benchmark premium in Grant County, NM is approximately $480 per month for an individual. Approximately 5.1% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.
What are house prices in Grant County?
The average home value in Grant County, NM is $164,400, with average annual property taxes of $756, according to U.S. Census Bureau data.
How does Grant County compare to other areas?
You can compare Grant County, NM with any other US county using our comparison tool at /compare. Grant County is in the Silver City, NM metro area.
Other counties in New Mexico
Browse the full list of counties in New Mexico, ranked by cost of living.
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About this data
All figures on this page come from official U.S. government sources, listed below.
- HUD FMR FY2025
- ACS 2019-2023 5-Year
- EIA
- ACS + national avg
- ACS
- USDA + BEA RPP